The Insurance Services Office, Inc., introduced a new edition of the Motor Carrier Coverage Form in December 2023, which aims to offer greater flexibility than the prior edition. This change responds to the evolving needs of the motor carrier industry. The motor carrier coverage form is a specialized policy designed to cover the automobile insurance needs of persons or organizations transporting property or passengers as a commercial enterprise. It automatically includes several coverage features for exposures unique to the motor carrier industry. The new 2023 edition is more adaptable for businesses using their trucks for cargo transportation, including carrying other companies’ goods. Continue Reading
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